152 Million SHIB Tokens Sent to Dead Wallets From Coinbase Uncovered
Coinbase takes SHIB burn spotlight with 152.3 million tokens sent to dead addresses.
AI summary
Coinbase moved 152.3 million SHIB tokens to dead wallets, contributing to the token's burn mechanism. The amount is small relative to SHIB's massive circulating supply, so the supply-reduction effect is marginal. Traders may note the burn as a mild positive signal, but the quantity is too small to meaningfully move price.
